Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

50 Fifth Street, Welland, ON L3B 4Z5 (King Street & Ontario Street)
$ 589000 - MLS : X12910200

From Our Gallery

Description

Excellent duplex opportunity in the heart of Welland! Whether you're an investor looking for steady cash flow or a first-time buyer hoping to offset your mortgage, this updated duplex checks all the boxes. The property currently generates $3,300/month in rental income, with reliable tenants in place who would love to stay. Both units offer modern updates including refreshed kitchens, bathrooms, flooring, paint, and contemporary finishes throughout. Situated on a deep lot in a convenient location close to Welland County General Hospital, schools, parks, shopping, and everyday amenities. Photos were taken prior to the current tenants moving in. A fantastic opportunity to step into the market with an income-producing property in a growing Niagara community. Zoning allows short-term rentals. Financials available upon request.

Location Description

King Street & Ontario Street

Property Detail

Community: 773 - Lincoln/Crowland
Property Type: Tenant/Residential Freehold
Bedrooms: 4
Bath: 3
Garages: Detached
Annual Property Taxes : $ 2681

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Block
Counstruction Material : Vinyl Siding
Total Parking Space : 4
Parking Type : Detached

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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